One of the best ways of predicting your staffing needs going forward is to analyze your company's history of employee turnover rates. You'll then be in a position to forecast your likely recruitment ...

Employee turnover is the most important metric to be tracking. Not only should you be tracking it, but you should be actively working to optimize that number and bring it down. I think a little ...

Do you know what it costs when you make a bad hire? Do you know what it costs if one of your star employees leaves you to work for a competitor? If not you need to compute your Cost of Employee ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Investopedia / Michela Buttignol Annual ...

A company's inventory can consist of the raw materials needed to create finished products, the actual finished products, components like overhead and labor, and more incidental items like office ...

Calculate employee turnover by dividing departures by average headcount, then multiply by 100. Keep your rate under 10% for ...

The number of times a business sells and replaces its stock over a given time period is its inventory turnover ratio. The inventory turnover ratio, also sometimes called stock turns or inventory turns ...

A high inventory turnover ratio typically means your business is managing stock efficiently. Many, or all, of the products featured on this page are from our advertising partners who compensate us ...